Global Building Insulation Material Market size, Key Players, Market share, Market Growth, forecast by 2021

Market Scenario
The global building insulation material market is driven by the increased aesthetic sense of construction and reduced heating & cooling costs. There is an increased usage of building insulation material due to the increased energy saving practices which results in reduced greenhouse emissions. The increased demand for building insulation material is also driven by the growing application across residential and non-residential construction.

Global Building Insulation Material Market - Segments

Global Building Insulation Material Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.

Segmentation By Material: Comprises – Stone Wool, Glass Wool, EPS, XPS, and others

Segmentation By Application: Comprises – Walls, Roofs and Floors

Segmentation By End-use: Comprises – Commercial, Residential, and others

Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World

Global Building Insulation Material Market - Competitive Analysis

The market is seen driven by leading players in the insulation materials market and the players have adopted various strategies to expand market share. The market is expected to gain popularity and thus lot of small and medium sized firms are seen entering the market. Furthermore the collaboration with various new technology concepts of smart building and green building have induced the market growth.

ecoSPEARS announced today that it received an exclusive license from NASA to use their Sorbent Polymer Extraction and Remediation System (SPEARS) to permanently clean up the world’s most pervasive and persistent toxins, including polychlorinated biphenyls (PCBs), from water and land. Developed in 1929, PCBs were widely used across the world as a flame retardant in everyday goods, including in the insulating material in electrical equipment such as transformers and capacitors, and also in heat transfer fluids and lubricants.

Mitsubishi Electric Corporation announced that it would launch a new integrated Station Energy Saving Inverter (S-EIV) with 400V AC-output for converting surplus regenerative energy from train braking into AC electricity for station facilities. The new 400V AC S-EIV facilitates easy installations and more energy-efficient operations, even at train stations with high-load demands of 400V power distribution circuits. The company also announced that the new S-EIV will be installed at Tokyo Metro Co. Ltd. train stations serving urban Tokyo. The new S-EIV offers 400V AC-output with the same dimensions as its 200V AC predecessor. Also, its new multifunctional step-up transformer acts as a filter reactor to reduce harmonics in AC output. Front access for easy cabling and maintenance enables diverse installation options.

BASF and SoloPower Systems, a photovoltaic technology company, today officially launched the seamless and multi-layered roofing system that is an interface between a building and the environment. The development of the multi-layered system promises considerable opportunities for cost-effective energy generation and energy saving. It combines energy efficiency, power generation, waterproofing and water harvesting, which adds proven value to the bottom line of manufacturing, industrial and commercial businesses.

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Key Players
The key players of global building insulation material Market report include- BASF SE, Rockwool International A/S, Lloyd Insulations (India) Limited, Knauf Insulation, Johns Manville Inc., Owens Corning Corporation, GlassRock Insulation Company SAE, Paroc Group, Saint-Gobain S.A, GAF, PPG Industries Inc., Kingspan Group Plc, and Beijing New Building Material Co. Ltd.

The report for Global building insulation material Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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